DePin
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OKX Launches Wrapped Bitcoin (xBTC) on Solana, Aptos, and Sui Amid BTC’s $111K ATH
OKX, one of the leading cryptocurrency exchange, has introduced xBTC, a 1:1 Bitcoin-pegged wrapped asset, on Solana, Aptos, and Sui networks. This launch comes as Bitcoin’s price surges to a new all-time high (ATH) of $111,746, unlocking new possibilities for trading, lending, and Web3 strategies. According to an official OKX blog post dated May 22, 2025, deposits and withdrawals of xBTC are now available on Solana,…
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Metaplanet Buys 1,004 More Bitcoin, Now Holds 7,800 BTC
Japanese investment firm Metaplanet has added 1,004 more Bitcoin to its treasury, spending around $104.3 million in its latest purchase, days after buying 1,241 BTC. The average price paid per Bitcoin was $103,873, as the company continues its aggressive Bitcoin buying strategy. This brings Metaplanet’s total holdings to 7,800 BTC, now worth about $806 million…
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U.S Senate May Vote on GENIUS Act Bill by Memorial Day
The U.S. Senate could vote on a long-awaited stablecoin regulation bill, known as the GENIUS Act, by Memorial Day (May 26), following the recent argument over President Trump’s connections to crypto suggesting that parts of the original bill targeted Trump’s crypto business ties, which sparked arguments and slowed progress. Senator Cynthia Lummis, a key supporter…
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JPMorgan Sees Bitcoin Outshining Gold in Second Half of 2025
Bitcoin could continue to rise and outperform gold in the second half of 2025, according to a new report by JPMorgan. Analysts from the bank believe that while both assets were once rising together as a hedge against weak currencies, they are now moving in opposite directions and the battle for investor money has turned…
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Coinbase Faces Up to $400 Million in Costs After Customer Data Breach
The crypto exchange Coinbase is dealing with severe costs after an internal data breach with allegedly bribed employees has come to light. The firm disclosed in a recent filing with the U.S. Securities and Exchange Commission (SEC) that the breach could cost the company between $180 million and $400 million. According to Coinbase, The breach…
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Google Search Holds Strong Against AI Rivals Despite Antitrust Pressure
Despite the rise of AI competitors like ChatGPT and Perplexity, it seems that Google’s hold over the search engine market is not loosening as drastically as some may think. Recently, a part of Apple’s testimony in the ongoing Google antitrust case hinted a drop in searches conducted through Safari, but the picture is far more…
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Business Case for DePin: Why Companies Are Investing in Decentralized Infrastructure
DePin steps in as the answer to the pain points caused by traditional infrastructure annihilating alternatives: the high costs, replicas of Daedalus’s labyrinth that have extreme difficulty scaling, and gaping core vulnerabilities. The need for decentralized alternatives that are cheaper, more beneficial, and far more resilient to failure systems has caused an interest boom for…
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Quai & Frictionless Markets Are Teaming Up to Disrupt DeFi
Key Takeaways: Quai Network is teaming up with Frictionless Markets, who are experts in financial tokens instruments, offering new streams of cash and exciting opportunities to earn yield. This integration, which was announced today, promises to transform the trajectory of institutional DeFi, unlocking new ways for big capital to flow and paves the way for…
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Swedish EV Battery Maker Northvolt Declares Bankruptcy
The company announced this decision on Wednesday and explained that they have tried all possible means to survive financially but were unable to find necessary funding they needed to continue. The company struggle shows the broad challenge battery manufacturers all face today. As high cost, supply chain disruption and changing demand put pressure on the…
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GoodcryptoX Introduces Advanced Non-Custodial DEX Trading Bot
GoodcryptoX has introduced a leading trading bot that trades algorithmically for users on automated market maker (AMM) platforms and features automation of trading strategies. This new addition makes use of Ethereum’s new standard ERC 4337 to provide increased flexibility while preserving the main principles of DeFi. Until recently, decentralised exchanges have served as basic token…